Closed the position @300.15 for a profit of about 22.06% of the invested capital, on 09/11/2023. The major reason for selling the stock is technical. Technically the stock is in a level where there is a high chance for selling pressure to kick in. So decided to take some chips off the table since there is also one more oil related stock in holding (BPCL). But...
stock came out with excellent quarterly results...........stock hastaken support at channel base and heading up.......RSI has taken u turn at 50...........all in all very good buy!
Greetings, traders! Today, let's focus on Hindustan Petroleum. Here's the current scenario: Overall Upside Trend: Historically, Hindustan Petroleum has been on a solid upward trajectory, which is a significant factor. Temporary Downward Move: However, in the short term, we're seeing a shift towards a downward direction, evident by the downward parallel...
ready to move for 272 in short term & upto 290 levels short to mid term.
Hindustan petrol , head and shoulders pattern and crossed neck line.
First Tgt 300. Strong reversal soon. Good for positional F&O players. Play safe. For educational purpose only.
Hindustan Petroleum Corp. Ltd. engages in the business of refining crude oil and sales of petroleum products. It operates through the Downstream and Others segment. The Downstream segment deals with the refining and marketing of petroleum products. The company was founded on July 5, 1952 and is headquartered in Mumbai, India. Indian state refiners' gasoline sales...
Breakout in HINDPETRO daily chart. Cmp 276.65 Target 304 Support 267 Its an observation & not suggestion.
Keep in your watchlist breakout with low volume from inverse head and shoulder pattern and now pulling back to its previous resistance. Support at : 249 Resistance at : 259.25
NSE: MHRIL is closing with a bullish consolidation supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
Refer chart for details stock name : hindpetro timeframe : 2hrs
HINDUSTAN PETROLEUM TRADING AT MAJOR RESISTANCE. Stock is currently moving in a Bearish Trend structure. It is expected to remain bearish for few upcoming sessions. On lower side it can touch the targets of 225.00 . On higher side the key resistance level will remain active at 270.00 .
Refer chart for details Stock name : Hindpetro Timeframe : Daily
NSE:HINDPETRO 20% gains within a year. *Not a financial advice to buy or sell. Only speculations. My charts speaks louder than words. I'm a chartist and I paint charts.
Please appreciate my view . In my opinion, this stock give us good return in swing duaretion. add this stock in watchlist and wait for breakout ☺️ Please follow up for more ❤️
HINDPETRO Buy for intraday trading if stock break the given resistence level.............
Hind Petro CMP 223 Buy Above 225 Sl below 220 Target 235 ++ Swing Trading